Macquarie Group Ltd. lowered its stake in shares of SciQuest, Inc. (NASDAQ:SQI) by 17.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 714,995 shares of the company’s stock after selling 154,347 shares during the period. Macquarie Group Ltd.’s holdings in SciQuest were worth $12,627,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. BlackRock Group LTD boosted its stake in SciQuest by 5.2% in the first quarter. BlackRock Group LTD now owns 71,611 shares of the company’s stock valued at $993,000 after buying an additional 3,527 shares during the last quarter. Havens Advisors LLC bought a new stake in SciQuest during the second quarter valued at about $1,890,000. Dalton Greiner Hartman Maher & Co. boosted its stake in SciQuest by 25.5% in the second quarter. Dalton Greiner Hartman Maher & Co. now owns 98,947 shares of the company’s stock valued at $1,747,000 after buying an additional 20,092 shares during the last quarter. Candriam Luxembourg S.C.A. bought a new stake in SciQuest during the second quarter valued at about $2,649,000. Finally, Kassirer Asset Management Corp bought a new stake in SciQuest during the second quarter valued at about $3,650,000.

Institutional Ownership by Quarter for SciQuest (NASDAQ:SQI)

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SciQuest Company Profile

SciQuest, Inc is a United States-based public provider of spend management solutions. The Company’s offers a range of solutions, such as Spend Director, Spend Radar, Sourcing Director, Advanced Sourcing Optimizer, Total Contract Manager, Total Supplier Manager, Enterprise Reagent Manager, Accounts Payable Director, Supplier Network and Portfolio Savings Manager.

5 Day Chart for NASDAQ:SQI

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